Salt Lake County
April 1- 30, 2011
Number of Homes Sold: 942
Average Sales Price: $220,286.38
Average Price Per Square Foot: $90.54
Average Days on Market: 132
The absorption rate for Salt Lake County is approximately approximately 3 months of inventory when you include sold and under contract listings together in the equation. If the under contract listings are included with the active listings, the absorption rate increases to about 6.5 months of inventory.
For any of you who have High School Students preparing to take the ACT Exam, there will be an “Ace the ACT” ACT prep course taught by Ann Meeks in June here in Tooele. Space is limited so if you are interested, please contact me for more information.
If you or any one you know is looking to buy or sell real estate, have them give me a call! Also, as a Certified Distressed Property Expert (CDPE) I have specific training to help homeowners in distress work out solutions that will work for them. Please pass my name along if someone you know is having a hard time keeping up on their mortgage payments. If you do not wish to receive these e-mails, please send an opt-out message to firstname.lastname@example.org
Have a wonderful week!
Andrea Cahoon, CDPE, CRS, TCRES, CNHS
P.S. Mortgage rates are still incredibly low and housing prices are lower than they have been in years. If you have ever thought about purchasing a home for your family or for an investment, NOW is the time!